What Tumblr’s 2013 Billion-Dollar Valuation Tells Us About How We Value Startups Today: Term Sheet

A ghost of unicorns past ominously re-surfaced yesterday evening. 
Verizon agreed to sell its blogging website Tumblr to Automattic, the owner of WordPress.com, for less than $3 million, according to Axios. Its crazy to think that Yahoo paid $1.1 billion in …
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